The paper from our friend "_Oliver Oldschool_" will we hope be read by the Dandies, if such creatures ever do read any thing calculated to produce improvement either in mind or morals. The _selected_ prose articles in this number will, we doubt not, be read with pleasure and interest. The article on "_American Literature_," and the impediments which retard its progress, is entitled to a patient and deliberate reading. Its sentiments and language, if they should be so unfortunate as not to command, at least deserve attention. The author has happily combined solidity of argument with grace and beauty in composition. As we intend from this time forward to be less indulgent than heretofore to our poetical contributors, so we hope that the specimens now presented, if not all of equal merit, have at least enough to save them from censure. It is not expected indeed that CRITICISM will be either silent or forbearing; for we have never been so fortunate as to light upon any production, in prose or verse, in which its searching and microscopic eye might not detect some slight blemishes. It will be perceived that we are again favored with a piece from the pen of Mr. Wilde; and we seize this opportunity of expressing the great pleasure we feel in transferring to our pages (under the head of "Variety") the letter of that gentleman, in which he assumes explicitly the sole authorship of those beautiful lines, which have been alike claimed for an ancient Greek bard and a modern Irish poet. The enemies of Mr. Wilde's literary reputation will now recant their unmerited charge of plagiarism, and one of the most exquisite poems which the genius of our country has produced will remain the undisputed property of its owner. The author of "_A Song of the Seasons_," who assumes the quaint cognomen of "Zarry Zyle," (we wish he had chosen some other,) is unquestionably a youth of talent, and acute perception of all those minute, lovely and delicate objects, both in the natural and moral world, which can only be discerned by minds of superior mould. We beg leave however to suggest for consideration, whether he does not take too much pains to appear obscure--whether he does not too studiously delight in dressing up his thoughts in that mysterious and eccentric form of expression, which has detracted so much from the usefulness and popularity of men of genius. But for this fault, Coleridge, we doubt not would have ranked among the greatest bards of the present age. As it is, his reputation is only seen through the dim shadows of twilight--it does not blaze with the splendor of open day. Simplicity, unaffected simplicity, is the great rule in composition, as it is in the manners and conduct of life; and he who departs from it, does so at the hazard of not securing the just reward of his merits. VIRGINIA HISTORICAL AND PHILOSOPHICAL SOCIETY.